Berkut Minerals Hit Further Cobalt Intersections at Skuterud

THE DRILL SERGEANT: Berkut Minerals (ASX: BMT) received assay results from recent additional sampling of core from a maiden diamond drill program carried out at the company’s 100 per cent-owned Skuterud cobalt project in Norway.

Berkut Minerals claimed it has now identified three distinct cobalt anomalous zones in both of the sections it has drilled at Middagshville within the Skuterud project.

The company said the lates results defined a 7.6m wide anomalous cobalt/copper zone in hole MDV006.

Berkut carried out relogging of drill core in March, along with additional cutting and sampling of selected core targeting intersections of anomalous cobalt/copper mineralisation that were not completely terminated by previous sampling.

Results from this sampling include:

2 metres at 0.08 per cent cobalt from 72m within a 7.6m wide anomalous cobalt/copper zone (0.04 per cent cobalt and 0.1 per cent copper from 72m); and

9m at 0.03 per cent cobalt and 0.15 per cent copper from 46m.

The company indicated the newly identified zones will aid in both 3D interpretation and targeting on the ground.

“The company looks forward to progressing field activities at Skuterud in May this year,” Berkut Minerals managing director Neil Inwood said in the company’s announcement to the Australian Securities Exchange.

“The results from the recent infill core sampling have confirmed that at least three distinct cobalt anomalous zones are being seen within a broader copper halo near the Middagshville workings.

“Berkut is now preparing for a follow up drilling program designed to vector in on high grade cobalt zones exploited within the historical workings.

“With $4 million of cash, Berkut is well funded to continue to explore this exciting 6.5 kilometre trend of cobalt workings at Skuterud which was, in its day, the World’s largest cobalt producer.”